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to try to cobble together something on the house side to avoid the fiscal cliff. we are also seeing on the house floor there these are republicans, some democrats as well, but a lot of fiery rhetoric, a lot of really pointed opinions about where how to avoid the fiscal cliff, what needs to happen, regarding taxes, regarding spending cuts, all kinds of things. but clearly this is their moment, each one of them getting a minute to talk about what they believe we should be doing to avoid the fiscal cliff. i want to listen in. >> congress must regain its full power acored under the constitution, article i, second 8, to coin, create money, invest in our nation, interest free. to put america back to work. why go into debt? borrowing money from china, japan, south korea, when we have the constitutional authority to protect our economic sovereignty and to assure america's long-term fiscal health. increasing taxes and cutting spending will not work because the debt keeps ballooning with compounded interest. it's time for a new policy. reforms outlined in the hr 2990. let's
to try to cobble together something on the house side to avoid the fiscal cliff. we are also seeing on the house floor there these are republicans, some democrats as well, but a lot of fiery rhetoric, a lot of really pointed opinions about where how to avoid the fiscal cliff, what needs to happen, regarding taxes, regarding spending cuts, all kinds of things. but clearly this is their moment, each one of them getting a minute to talk about what they believe we should be doing to avoid the...
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Jan 1, 2013
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they it don't know e if they, house members, are going to meet to vote on the fiscal cliff deal. they have yet to decide to meet. however, what they will meet about at least the house caucus at under a 12:00 and 1:00 respectively, they will get together to discuss the potential of getting together for a vote. i'll keep you update on what comes out of that. dana bash is following it for us as well. e she will report to us if they make a decision. >>> other news, though, since the news broke about secretary of state hillary clinton and the blood clot that was discovered in her head, reporters have been scrambling to find out just how dangerous the rare disorder that she has is. i wanted to show you what was in the papers today. it's a picture of chelsea. not sure if a picture says a thousand words, but her family certa certainly rushed to the hospital where she's being treated. that picture really caught that image of what appears to be a distraught chelsea clinton. she was leaving the hospital after the visit with her mom. she tweeted out a message thanking people for their suppor
they it don't know e if they, house members, are going to meet to vote on the fiscal cliff deal. they have yet to decide to meet. however, what they will meet about at least the house caucus at under a 12:00 and 1:00 respectively, they will get together to discuss the potential of getting together for a vote. i'll keep you update on what comes out of that. dana bash is following it for us as well. e she will report to us if they make a decision. >>> other news, though, since the news...
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now it is up to the house to stop the fiscal cliff. that's $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote by the house is not yet scheduled. a multiple representative took to the store today floor today vote would be no. >> i wish i could say this was a proud moment, a moment in which we started the year off right, in which the first of january was the first of great many good things. it isn't. we're kicking the can down the road. and worse than that, when faced with a mountain of debt that we were heading for, like an airplane, did we climb over it? no. what we're going to do in the present plan is put nearly another trillion dollars worth of debt on the american people. >> well, joining us now from capitol hill, representative peter welsh, democrat of vermont. we see some democrats moving to the podium. they are also scheduled to speak. congressman welsh, we don't want to interrupt you. so nancy pelosi stepping to the podium. let's take a quick listen. >> well, we just finished a standing room onl
now it is up to the house to stop the fiscal cliff. that's $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote by the house is not yet scheduled. a multiple representative took to the store today floor today vote would be no. >> i wish i could say this was a proud moment, a moment in which we started the year off right, in which the first of january was the first of great many good things. it isn't. we're kicking the can down the road. and worse than that,...
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Jan 1, 2013
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we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises that it will pass. this morning both parties say more work needs to be done. >> i'm disappointed that we weren't able to make the grand bargain as we have tried to do for so long, but we tried. if we do nothing, the threat of recession is very real. >> we have done some good for the country. we have taken care of the revenue side of this debate. and now it's time to get serious about reducing washington's out of control spending. that's a debate the american people want and it's the debate we'll have next and it's a debate republicans are ready for. >> we're covering all the angl
we begin with this morning's fiscal cliff and the drama that now shifts to the house. overnight the senate overwhelmingly passed a compromised measure. it it delays the spending cuts that could have plunged the nation back into a recession. for most americans, taxes would stay the same r for almost everyone but top earners. but the measure is now up to the house. lawmakers take up the matter in two hours and could vote later today. and republican leaders in the house aren't making any promises...
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Jan 5, 2013
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gallup also found none of the political leaders involved in the fiscal cliff showdown got a favorable rating. house speaker john boehner scoring the worst. >>> the battle over the debt ceiling is just beginning. that's the self-imposed government borrowing limit imposed by congress. if the limit is not raised by late february or early march, the u.s. runs the risk of defoughting on its bills. close to $1 trill is needed to cover a year of borrowing. what's president obama's strategy? brian todd has the answer to the trillion-dollar question. >>. >> reporter: the president says he won't negotiate with congress over lifting the debt ceiling. >> i will not play that game. >> reporter: republicans say -- >> the president may not want to have this debate, but it's the one he's going to have, because the country needs it. >> reporter: so while they debate over a debate and raise head-long into the dead ceiling, is there a magic bullet to solve the crisis? try a magic coin. some economists, legal scholars and now even a congressman, are suggesting a $1 trillion platinum coin could be minted
gallup also found none of the political leaders involved in the fiscal cliff showdown got a favorable rating. house speaker john boehner scoring the worst. >>> the battle over the debt ceiling is just beginning. that's the self-imposed government borrowing limit imposed by congress. if the limit is not raised by late february or early march, the u.s. runs the risk of defoughting on its bills. close to $1 trill is needed to cover a year of borrowing. what's president obama's strategy?...
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Jan 19, 2013
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the only model we have so far is what happened with the fiscal cliff. negotiate a deal on the senate between republicans, democrats and the white house, and then force it through the house of representatives by basically putting republicans' backs to the wall and making them pass it either at the last minute, because there is a deadline approaching or because they'll be so embarrassed if they don't pass it. and that's not a great legislative strategy for every issue. but the issue, the sort of strategic issue for the obama presidency is figuring out how to get his agenda through the house of representatives. that's everything. that is the shoal on which his agendaca crash. >> we'll have to leave it there. thank you, ryan. this crowd is here for you, man. >> the signs, yeah. i want to see a crowd surfing before 9 end of the weekend. >> i love being out there. they are amazing. it is inaugural weekend. parties, gala, great people, a very special concert. we'll run it all down, next. we're going back out there, too. ♪ [ male announcer ] how do you make 7
the only model we have so far is what happened with the fiscal cliff. negotiate a deal on the senate between republicans, democrats and the white house, and then force it through the house of representatives by basically putting republicans' backs to the wall and making them pass it either at the last minute, because there is a deadline approaching or because they'll be so embarrassed if they don't pass it. and that's not a great legislative strategy for every issue. but the issue, the sort of...
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Jan 14, 2013
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this is a house speaker that upset his own republican caucus, during the fiscal cliff negotiations. he brought up a measure that did not have the majority support of his own party. and they put their speaker on notice, you will not do that to us again. you have to make sure we're going to support something before you bring it up for a vote. and they also said, we want a dollar for dollar increase. in other words, every dollar you increase the debt ceiling for, we want a dollar of spending cuts. well, that's going to be very, very difficult to get for the democratic side. >> we will keep this conversation going in the coming weeks. i also have economist ben stein, he'll be sitting next to me in l.a. we'll talk about the repercussions of this whole thing. gloria borger, ali velshi, thanks, guys. >> sure. >>> today, today marks exactly one month since a gunman killed those 20 children and six adults at sandy hook elementary school in newtown, connecticut. and a town hall meeting just this morning marked the somber occasion with a grassroots effort called the sandy hook promise. the gro
this is a house speaker that upset his own republican caucus, during the fiscal cliff negotiations. he brought up a measure that did not have the majority support of his own party. and they put their speaker on notice, you will not do that to us again. you have to make sure we're going to support something before you bring it up for a vote. and they also said, we want a dollar for dollar increase. in other words, every dollar you increase the debt ceiling for, we want a dollar of spending cuts....
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we have a couple of fiscal cliffs over the next two months. do we have any idea what kind of negotiator he'll be and he'll drive a tough bargain with the speaker of the house, john boehner. >> as the chief of staff of the white house, that's a key issue. you got to be able to be tough, you got to be able to negotiate. if you were grading the white house and its negotiating abilities in the last few months, you may not give them a very high grade. what you get in jack lew is a guy who is highly, specifically familiar with the budgeting process. i wouldn't normally say this, that that's the most important thing a treasury secretary needs to do, regulation is another big area. but right now we're in a budget problem. i don't know whether jack lew is the right pick for the next four years. but certainly if you're picking a treasury secretary for the next six or eight months, this is a guy who knows the details, the complexity of budgeting. i will remind you, brooke, we haven't had a budget in this country since april of 2009. the basic thing gover
we have a couple of fiscal cliffs over the next two months. do we have any idea what kind of negotiator he'll be and he'll drive a tough bargain with the speaker of the house, john boehner. >> as the chief of staff of the white house, that's a key issue. you got to be able to be tough, you got to be able to negotiate. if you were grading the white house and its negotiating abilities in the last few months, you may not give them a very high grade. what you get in jack lew is a guy who is...